bgo spires ii propco limited
bgo spires ii propco limited Company Information
Company Number
13303511
Next Accounts
Sep 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
bgo europe iii luxco 4 sarl
Group Structure
View All
Contact
Registered Address
7 albemarle street, london, W1S 4HQ
Website
-bgo spires ii propco limited Estimated Valuation
Pomanda estimates the enterprise value of BGO SPIRES II PROPCO LIMITED at £20m based on a Turnover of £855.5k and 23.33x industry multiple (adjusted for size and gross margin).
bgo spires ii propco limited Estimated Valuation
Pomanda estimates the enterprise value of BGO SPIRES II PROPCO LIMITED at £375.2m based on an EBITDA of £7.8m and a 48.11x industry multiple (adjusted for size and gross margin).
bgo spires ii propco limited Estimated Valuation
Pomanda estimates the enterprise value of BGO SPIRES II PROPCO LIMITED at £16.7m based on Net Assets of £9.6m and 1.74x industry multiple (adjusted for liquidity).
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Bgo Spires Ii Propco Limited Overview
Bgo Spires Ii Propco Limited is a live company located in london, W1S 4HQ with a Companies House number of 13303511. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2021, it's largest shareholder is bgo europe iii luxco 4 sarl with a 100% stake. Bgo Spires Ii Propco Limited is a startup, small sized company, Pomanda has estimated its turnover at £855.5k with unknown growth in recent years.
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Bgo Spires Ii Propco Limited Health Check
Pomanda's financial health check has awarded Bgo Spires Ii Propco Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
2 Weak
Size
annual sales of £855.5k, make it in line with the average company (£1m)
£855.5k - Bgo Spires Ii Propco Limited
£1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Bgo Spires Ii Propco Limited
- - Industry AVG
Production
with a gross margin of 911.6%, this company has a lower cost of product (71.1%)
911.6% - Bgo Spires Ii Propco Limited
71.1% - Industry AVG
Profitability
an operating margin of 911.6% make it more profitable than the average company (22.1%)
911.6% - Bgo Spires Ii Propco Limited
22.1% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
- Bgo Spires Ii Propco Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Bgo Spires Ii Propco Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £171.1k, this is less efficient (£202.7k)
- Bgo Spires Ii Propco Limited
£202.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Bgo Spires Ii Propco Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (35 days)
24 days - Bgo Spires Ii Propco Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Bgo Spires Ii Propco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (11 weeks)
19 weeks - Bgo Spires Ii Propco Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.2%, this is a similar level of debt than the average (70.6%)
77.2% - Bgo Spires Ii Propco Limited
70.6% - Industry AVG
BGO SPIRES II PROPCO LIMITED financials
Bgo Spires Ii Propco Limited's latest turnover from December 2023 is £855.5 thousand and the company has net assets of £9.6 million. According to their latest financial statements, we estimate that Bgo Spires Ii Propco Limited has 5 employees and maintains cash reserves of £822.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Turnover | 855,506 | 1,068,073 | 503,564 |
| Other Income Or Grants | 7,448,327 | 2,607,082 | 23,505 |
| Cost Of Sales | 504,675 | 373,361 | 1,234,813 |
| Gross Profit | 7,799,158 | 3,301,794 | -707,744 |
| Admin Expenses | 0 | 0 | 0 |
| Operating Profit | 7,799,158 | 3,301,794 | -707,744 |
| Interest Payable | 2,316,212 | 1,652,008 | 595,282 |
| Interest Receivable | 0 | 0 | 0 |
| Pre-Tax Profit | 5,482,946 | 1,649,786 | -1,303,026 |
| Tax | -1,203,433 | -371,373 | 0 |
| Profit After Tax | 4,279,513 | 1,278,413 | -1,303,026 |
| Dividends Paid | 0 | 0 | 0 |
| Retained Profit | 4,279,513 | 1,278,413 | -1,303,026 |
| Employee Costs | 0 | 0 | 0 |
| Number Of Employees | |||
| EBITDA* | 7,799,158 | 3,301,794 | -707,744 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 39,450,000 | 29,100,000 | 24,975,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 39,450,000 | 29,100,000 | 24,975,000 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 408,352 |
| Group Debtors | 1,519,467 | 1,412,465 | 61,503 |
| Misc Debtors | 373,530 | 310,131 | 139,166 |
| Cash | 822,221 | 757,521 | 632,859 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 2,715,218 | 2,480,117 | 1,241,880 |
| total assets | 42,165,218 | 31,580,117 | 26,216,880 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 33,872 | 37,948 | 216,578 |
| Group/Directors Accounts | 1,320,190 | 376,064 | 811,282 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 796,383 | 817,389 | 642,045 |
| total current liabilities | 2,150,445 | 1,231,401 | 1,669,905 |
| loans | 12,725,852 | 10,345,852 | 21,972,500 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 16,094,943 | 15,311,833 | 0 |
| provisions | 1,574,807 | 371,373 | 0 |
| total long term liabilities | 30,395,602 | 26,029,058 | 21,972,500 |
| total liabilities | 32,546,047 | 27,260,459 | 23,642,405 |
| net assets | 9,619,171 | 4,319,658 | 2,574,475 |
| total shareholders funds | 9,619,171 | 4,319,658 | 2,574,475 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 7,799,158 | 3,301,794 | -707,744 |
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | -1,203,433 | -371,373 | 0 |
| Stock | 0 | 0 | 0 |
| Debtors | 170,401 | 1,113,575 | 609,021 |
| Creditors | -4,076 | -178,630 | 216,578 |
| Accruals and Deferred Income | -21,006 | 175,344 | 642,045 |
| Deferred Taxes & Provisions | 1,203,434 | 371,373 | 0 |
| Cash flow from operations | 7,603,676 | 2,184,933 | -458,142 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 10,350,000 | 4,125,000 | 24,975,000 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 944,126 | -435,218 | 811,282 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 2,380,000 | -11,626,648 | 21,972,500 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 783,110 | 15,311,833 | 0 |
| share issue | |||
| interest | -2,316,212 | -1,652,008 | -595,282 |
| cash flow from financing | 2,811,024 | 2,064,729 | 26,066,001 |
| cash and cash equivalents | |||
| cash | 64,700 | 124,662 | 632,859 |
| overdraft | 0 | 0 | 0 |
| change in cash | 64,700 | 124,662 | 632,859 |
bgo spires ii propco limited Credit Report and Business Information
Bgo Spires Ii Propco Limited Competitor Analysis
Perform a competitor analysis for bgo spires ii propco limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in W1S area or any other competitors across 12 key performance metrics.
bgo spires ii propco limited Ownership
BGO SPIRES II PROPCO LIMITED group structure
Bgo Spires Ii Propco Limited has no subsidiary companies.
Ultimate parent company
BGO EUROPE III LUXCO 4 SARL
#0156556
1 parent
BGO SPIRES II PROPCO LIMITED
13303511
bgo spires ii propco limited directors
Bgo Spires Ii Propco Limited currently has 2 directors. The longest serving directors include Mr Gareth Purcell (Mar 2021) and Mr Ian Ford (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gareth Purcell | England | 44 years | Mar 2021 | - | Director |
| Mr Ian Ford | England | 51 years | Mar 2021 | - | Director |
P&L
December 2023turnover
855.5k
-20%
operating profit
7.8m
+136%
gross margin
911.7%
+194.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
9.6m
+1.23%
total assets
42.2m
+0.34%
cash
822.2k
+0.09%
net assets
Total assets minus all liabilities
Similar Companies
bgo spires ii propco limited company details
company number
13303511
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
March 2021
age
3
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG
address
7 albemarle street, london, W1S 4HQ
Bank
-
Legal Advisor
-
bgo spires ii propco limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 2 charges/mortgages relating to bgo spires ii propco limited. Currently there are 2 open charges and 0 have been satisfied in the past.
bgo spires ii propco limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for BGO SPIRES II PROPCO LIMITED. This can take several minutes, an email will notify you when this has completed.
bgo spires ii propco limited Companies House Filings - See Documents
| date | description | view/download |
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